Fintech :A Job, Career or your Vision

By Sumsun He

Questions :

1. Why Chose A Technology Management Course but MBA?

2.What do you know about Fintech?

What is Fintech?

VS

The segment of the technology startup scene

that is disrupting sectors such as mobile

payments, money transfers, loans, fundraising

and even asset management

An economic industry composed of companies

that use technology to make financial

service more efficient, include established

financial organization and startups

Innovation + Disruption Innovation + Productivity

The Technology Timeline in Finance

• Precious Metal

• Bank Notes

• Pen & Paper

• F2F Business

Pre-computer

Computer Era

Internet Age

Mobile & Apps

Big Data & AI

• Credit Cards

• ATM

• POS

• Digital Stock

Trading

• e-Banking

• Octopus Card

• Algo Trading

• P2P

• Apple Pay

• Mobile Banking

• P2P

• Bitcoins

• 24 x 7 Service

• Robo Advisory

• Crowd Funding

• Digital Bank

• Fortune Teller

Why does Fintech Matter

• Investment increased twelvefold

(930m 2008 – 12b 2014)

• 50b invested since 2010

• 2500 start-up funded

• 20 Fintech unicorns

• Global bank’s IT spending hit 196b

• Cross industry Transformation

• Global reach

• Technology Driven Growth

• Any time, Any where, Any device

• Productivity

• Goldman Sachs CEO’s video

• Lloyd Blankfein : Goldman Sachs is a technology company

Institutions vs Challengers

Currency Lending/Funding Payment & Transfer Investment & Advisory Risk, Credit, Security & Productivity

• Central banks • Bank branch

• Stringently

regulated

• Bank branch

• Payment

Processor

• Investment banks

• Private banks

• The big four

• The big three

• Private cloud

• Virtual currency • P2P lending

• Crowd Funding

• Loosely regulated

• POS

• Payment

• Algo trading

• Robo advisory

• SaaS providers

• Analytic tools

Areas of Disruption

WIIFM

Advice, Mindset and Tools

• Be the SME and champion of

something

• WIIFM and Client Focus

• Entrepreneur and Intrapreneur

• Frameworks and Tools

• TOGAF,

• Management Model

• Development Methodology

CNBC asked one of the most powerful players in

the industry — J.P. Morgan Asset Management

CEO Mary Callahan Erdoes — for her best career

advice.

Whether you're switching jobs, moving within a

company or starting your own, "you have to be a

subject matter expert in something," she said. "Not

everything —but in something."

October’s Recommended Readings

Q&A

Q & A

About Sumsun He and Contact Details

Fintech Entrepreneur

UBS Director

RBS VP

BAE Principal Consultant

Thank You